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Teasing Out the Credit Scores of New GSE Borrowers?

October 7, 2024
Paul Muolo
Kroll tested whether the new models accurately reflect the creditworthiness of borrowers who previously could not get a credit score.
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Refis Push Agency MBS Issuance Up in Third Quarter

October 4, 2024
John Bancroft
Issuance of single-family agency MBS increased by 13.1% from the second quarter, hitting its highest level in two years.
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Mortgage Securitization Rate Ticks Down in Second Quarter

October 3, 2024
Brandon Ivey
An estimated 64.2% of newly-originated home loans were securitized in the second quarter, down from 67.2% in the first quarter.
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Short Takes: Home Price Appreciation Slows / Weak Readings for Pending Home Sales / Warren Suggests Higher Capital Requirements for NYCB / FHFA Discloses Condo Appraisal Data

September 27, 2024
Brandon Ivey
The annual home price growth rate may slow further in September, according to Intercontinental Exchange.
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FHFA Offers Concessions With Re-Proposal on Suspended Counterparties

September 26, 2024
Brandon Ivey
“After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary,” the agency said.
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Ginnie Leads Increases in Agency MBS Outstanding

September 26, 2024
John Bancroft
Ginnie Mae posted a 1.8% increase to finish the second quarter with $2.445 trillion in single-family MBS outstanding.
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Rate Not as Aggressive on Loan Limits Ahead of FHFA

September 25, 2024
Brandon Ivey
Recent readings on home price appreciation suggest that annual appreciation in 2024 could be lower than expected.
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Mixed Trends in Originations by Channel in 2Q

September 24, 2024
Andras Malatinszky
The retail channel boosted its share of conventional-conforming lending by 308 basis points to 43.2% in the second quarter of 2024.
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Short Takes: Home Price Appreciation Slows / Homebuilders Still Offering Buydowns / Forbearance Rising / CV3 Tops $1.0 Billion in Originations

September 24, 2024
Brandon Ivey
Annual readings for home price appreciation are close to falling below the increase in conforming loan limits some lenders have offered for 2025.
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Freddie Buybacks Jump in 2Q, Fannie's Go the Other Way

September 23, 2024
John Bancroft
Rocket, UWM and loanDepot ranked first through third, respectively, in GSE buybacks during the first half of 2024.
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